HMRC Admin 20 Response
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RE: Clarification on Mileage Allowance Relief for Personal Diesel Car
Hi,
If you are using your own car for business travel then yes you can claim the difference on your Self Assessment tax return
Travel — mileage and fuel rates and allowances
Thank you. -
RE: Confirm whether we need to complete the self assessment
Hi,
Contact us by webchat or phone via Self Assessment: general enquiries , and we can confirm what returns are necessary, if any.
Thank you. -
RE: self assessment for non UK landlord
Hi,
As a Non Resident Landlord you cannort file online unless you buy 3rd party software as you need to include the residence section on the return -
Self Assessment commercial software suppliers
Thank you. -
RE: CGT selling a Property Abroad
Hi,
In order to use any potential capital loss against future gains then yes you will need to report it within 4 years.
Thank you. -
RE: Incorrect Tax Code leading to overpayment of tax
Hi,
You can contact us by webchat via Income Tax: general enquiries- just click 'ask HMRC online'
Thank you. -
RE: Do I need to submit these expenses on a P11D?
Hi,
If these benefits have effectively been payrolled, you do not need to submit these by P11D, but you do still need to submit a P11D(b) by the 6th of July.
For more advice, contact our Employer's Helpline via Employers: general enquiries
Thank you. -
RE: How to accurately and reliably identify an offshore fund is reporting or non-reporting-
Hi,
The list of approved reporting funds is at:- Approved offshore reporting funds. if it is not on the list it is not approved.
Thank you. -
RE: Statutory letter - non resident
Hi,
Please see the information here
Corporation Tax: trading and non-trading
It's from when it is active which is starting to receive income.
However, we will assume this is from the date you registered the company.
You will need to tell us if the active date is later than the incorporation date to allow us to note any period as dormant.
You will need to register for a Government Gateway account to file your company tax returns. You can do that here:
HMRC online services: sign in or set up an account
Please see under Organisation Accounts.
You'll need to add Corporation Tax to the services you want to use once registered.
Please note the first Company tax return is due on or before twelve months following the end of the first accounting period.
You will need to check Companies House for their filing requirements which are completely different to HMRC's.
Thank you. -
RE: BTL as personal mortgage but running rental as Ltd company - is the legal via a trust deed?
Hi,
Unfortunately, we are not able to help you with the questions you have asked.
This is because they touch upon financial management and tax planning, which we do not give advice on.
We can only suggest you seek professional advice.
Thank you. -
RE: Disposing fixed assets upon closure of company and strike off
Hi,
Here is some information on this subject.
Again, if you can't complete your company tax returns, you'll need to consider professional advice
Capital allowances when you sell an asset
Capital Allowances Act 2001
HS252 Capital allowances and balancing charges 2023
Thank you.